Yahoo Finance • 2 months ago

U.S. Bancorp (USB) Q3 2024 Earnings Call Highlights: Strong Profitability Amidst Deposit and ...

Diluted Earnings Per Share: $1.3 Total Net Revenue: $6.9 billion Return on Tangible Common Equity: 17.9% Common Equity Tier 1 Capital Ratio: 10.5% Tangible Book Value Per Share: $24.71 Return on Average Assets: 1.03% Efficiency Ratio: 60.2... Full story

Yahoo Finance • 2 months ago

U.S. Bancorp Delivers Strong Q3 2024 Results with 12.5% Net Income Growth

U.S. Bancorp (NYSE:USB) came out strong in Q3 2024, posting a solid net income of $1.71 billionup 12.5% from the same quarter last year. Diluted earnings per share climbed to $1.03, compared to $0.91 in Q3 2023. The boost in profitability... Full story

Yahoo Finance • 3 months ago

U.S. Bancorp's (NYSE:USB) investors will be pleased with their decent 49% return over the last year

These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But investors can boost returns by picking market-beating companies to own shares in. To wit, the U.S. Bancorp (NYSE:USB) share price is... Full story

Yahoo Finance • 3 months ago

U.S. Bancorp (NYSE:USB) is favoured by institutional owners who hold 80% of the company

Key Insights Significantly high institutional ownership implies U.S. Bancorp's stock price is sensitive to their trading actions The top 25 shareholders own 50% of the company Recent purchases by insiders If you want to know who really c... Full story

Yahoo Finance • 3 months ago

North Minneapolis Facility Brings Sports, Entrepreneurism, Sense of Community

U.S. Bank provided V3 Sports with place-based investing grant support and New Markets Tax Credit investment Originally published on U.S. Bank company blog NORTHAMPTON, MA / ACCESSWIRE / September 25, 2024 /V3 Sports in North Minneapolis... Full story

Yahoo Finance • 3 months ago

American Banker names U.S. Bank leaders to 2024 Most Powerful Women in Banking lists

MINNEAPOLIS, September 24, 2024--(BUSINESS WIRE)--American Banker has recognized two U.S. Bank leaders for its 2024 Most Powerful Women in Banking awards, naming President Gunjan Kedia and Vice Chair and Chief Risk Officer Jodi Richard amo... Full story

Yahoo Finance • 3 months ago

U.S. Bank Decreases Prime Lending Rate to 8.00 Percent

MINNEAPOLIS, September 18, 2024--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) announced it has decreased its prime lending rate to 8.00 percent from 8.50 percent, effective tomorrow, September 19, 2024, at all U.S. Bank locations. About U.S.... Full story

Yahoo Finance • 3 months ago

This Bank Could Be the Next to $1 Trillion in Assets. Should You Buy the Stock Today?

There are more than 4,500 bank subsidiaries in the U.S., according to the Federal Deposit Insurance Corporation. However, there is a wide discrepancy in size. Four banks -- JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo -- eac... Full story

Yahoo Finance • 3 months ago

Meet the U.S. Bank Employee Taking On 'The World’s Toughest Row'

Jo Murray, senior vice president in Global Corporate Trust, is preparing to row across the Atlantic Ocean NORTHAMPTON, MA / ACCESSWIRE / September 12, 2024 / U.S. Bank London-based Jo Murray is on a team with two other women training for... Full story

Yahoo Finance • 6 months ago

U.S. Bancorp Announces Second Quarter Earnings Conference Call Details

MINNEAPOLIS, June 26, 2024--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) will release its second quarter 2024 earnings results before the market opens on Wednesday, July 17, 2024. At 7 a.m. CT, Chairman and Chief Executive Officer Andy Cecere... Full story

Yahoo Finance • 6 months ago

Howard University Welcomes Solar to Its Campus in Partnership With Volt Energy

NORTHAMPTON, MA / ACCESSWIRE / June 20, 2024 / U.S. Bank: U.S. Bancorp Impact Finance provided $2.92 million in equity According to Volt, the solar projects are expected to generate nearly 35,000 megawatt hours of solar energy - which wi... Full story

Yahoo Finance • 7 months ago

20 Largest Banks in the US by Asset Size in 2024

In this article, we will look at the 20 largest banks in the US by asset size in 2024. If you wish to skip our detailed analysis, you can go directly to 5 Largest Banks in the US by Asset Size in 2024. Overview of the Banking Sector in th... Full story

Yahoo Finance • 8 months ago

15 Best Cheap Stocks To Buy For 2024

In this article, we will take a look at the 15 best cheap stocks to buy for 2024. If you’d like to skip our overview of investing and some recent financial news, then please take a look at the 5 Best Cheap Stocks To Buy For 2024. While th... Full story

Yahoo Finance • 8 months ago

U.S. Bancorp Reports First Quarter 2024 Results

MINNEAPOLIS, April 17, 2024--(BUSINESS WIRE)--U.S. Bancorp reported its first quarter 2024 results today. The earnings release, earnings supplement and slide presentation can be accessed online at ir.usbank.com/investor-relations/financial... Full story

Yahoo Finance • 10 months ago

Payments Leader Kristy Carstensen Named ‘Most Influential’ by American Banker

NORTHAMPTON, MA / ACCESSWIRE / March 4, 2024 / U.S. Bank This is the fifth time Carstensen, now Payments chief administrative officer, has been named to the list Kristy Carstensen, chief administrative officer for the U.S. Bank Payment Se... Full story

Yahoo Finance • 10 months ago

U.S. Bank Named One of the 2024 World’s Most Ethical Companies

The Ethisphere Institute recognizes U.S. Bank for the 10th consecutive year. MINNEAPOLIS, March 04, 2024--(BUSINESS WIRE)--For the 10th consecutive year, U.S. Bank has been named one of the World’s Most Ethical Companies by the Ethisphere... Full story

Yahoo Finance • 10 months ago

11 Best Regional Bank Dividend Stocks to Buy

In this article, we discuss 11 best regional bank dividend stocks to buy. You can skip our detailed analysis of the banking sector and its performance last year, and go directly to read 5 Best Regional Bank Dividend Stocks to Buy. In 2023... Full story

Yahoo Finance • 11 months ago

Reasons for the Outperformance of U.S. Bancorp (USB) in Q4

Madison Investments, an investment advisor, released its “Madison Sustainable Equity Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. During the fourth quarter, equity markets ended the year on a high n... Full story

Yahoo Finance • 11 months ago

Gurneys With Built-In Scales Take Guesswork out of Emergency Medical Care

U.S. Bank client Hinckley Medical created the scales to weigh patients in ambulances in order to determine accurate medicine dosages NORTHAMPTON, MA / ACCESSWIRE / January 29, 2024 / U.S. Bank Originally published on U.S. Bank company bl... Full story

Yahoo Finance • 11 months ago

10 Dividend Aristocrats That Slashed Their Dividends

In this article, we discuss 10 dividend aristocrats that slashed their dividends. You can skip our detailed analysis of dividend aristocrats and their performance over the years, and go directly to read 5 Dividend Aristocrats That Slashed... Full story